Conscious Capitalism Inc
- Assets
- $2.3m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 15
- Location
- Warren, MI
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 20-2238653
Organization Overview
Conscious Capitalism Inc is located in Warren, MI. The organization was established in 2006. According to its NTEE Classification (Q40) the organization is classified as: International Peace & Security, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Conscious Capitalism Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Conscious Capitalism Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Conscious Capitalism Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 7.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONSCIOUS CAPITALISM, INC. IS BUILDING A MOVEMENT OF BUSINESS LEADERS CHANGING THE PRACTICE AND PERCEPTION OF CAPITALISM TO ELEVATE HUMANITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSCIOUS CAPITALISM, INC. (CCI) IS A U.S. - BASED 501(C)(3) NONPROFIT ORGANIZATION WHOSE PURPOSE IS TO BUILD A MOVEMENT OF BUSINESS LEADERS IMPROVING THE PRACTICE AND PERCEPTION OF CAPITALISM TO ELEVATE HUMANITY SO THAT BILLIONS OF PEOPLE CAN FLOURISH, LEADING LIVES INFUSED WITH PASSION, PURPOSE, LOVE AND CREATIVITY; A WORLD OF FREEDOM, HARMONY, PROSPERITY, AND COMPASSION. CONSCIOUS CAPITALISM, INC. (CCI) IMPROVES THE PRACTICE OF CAPITALISM BY PROVIDING BUSINESS LEADERS WITH SUPPORT TO RUN THEIR BUSINESSES IN A CONSCIOUS WAY, FULFILLING THE POTENTIAL OF CAPITALISM. CCI DOES SO THROUGH VARIOUS VEHICLES, INCLUDING SHARING ACCESS TO INFORMATION AND IDEAS, BUILDING NETWORKS OF PEER SUPPORT BETWEEN BUSINESS LEADERS, AND CERTIFYING COACHES AND CONSULTANTS. TO IMPROVE THE PERCEPTION OF CAPITALISM, CCI CREATES AND SHARES RESOURCES SUCH AS ARTICLES, VIDEOS, SOCIAL MEDIA CONTENT, AND TRADITIONAL MEDIA. CCI SUPPORTS A NETWORK OF 30 CHAPTERS AROUND THE WORLD THAT CARRY OUT ALL OF THESE ACTIVITIES IN THEIR HOME MARKETS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexander Mccobin Former CEO | OfficerTrustee | 60 | $275,650 |
Clark Ruper Former COO | Officer | 40 | $180,000 |
Cheryl Rosner Secretary | OfficerTrustee | 5 | $0 |
Raj Sisodia Co-Chair | OfficerTrustee | 5 | $0 |
Kip Tindell Co-Chair | OfficerTrustee | 5 | $0 |
Greg Massey Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Loews Chicago O'hare Hotel Program Venue | 12/30/16 | $306,345 |
Hyatt Regency Lost Pine Resort & Spa Program Venue | 12/30/16 | $417,078 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,250,878 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,250,878 |
| Total Program Service Revenue | $1,618,108 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $50,427 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,919,413 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $455,650 |
| Compensation of current officers, directors, key employees. | $209,825 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $594,036 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $65,403 |
| Payroll taxes | $73,328 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,714 |
| Fees for services: Accounting | $44,336 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $189,369 |
| Advertising and promotion | $100,146 |
| Office expenses | $51,680 |
| Information technology | $144,727 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,000 |
| Insurance | $8,111 |
| All other expenses | $0 |
| Total functional expenses | $2,498,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,611,468 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $565,000 |
| Accounts receivable, net | $3,686 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,686 |
| Net Land, buildings, and equipment | $167 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $23,718 |
| Other assets | $42,768 |
| Total assets | $2,250,493 |
| Accounts payable and accrued expenses | $230,349 |
| Grants payable | $0 |
| Deferred revenue | $83,604 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $313,953 |
| Net assets without donor restrictions | $1,646,064 |
| Net assets with donor restrictions | $290,476 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,250,493 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Conscious Capitalism Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Bartley J Madden Foundation Naples, FL PURPOSE: GENERAL & UNRESTRICTED | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Conscious Capitalism Inc Warren, MI | $2,250,493 | $2,919,413 |
Citizens For A Secure And Safe America Educational Committee Inc Fishers, IN | $0 | $363,845 |
Michigan Peace Team Inc Lansing, MI | $116,348 | $238,810 |
Madison Quakers Inc Madison, WI | $72,806 | $0 |
Yahad - In Unum Mid-America Cincinnati, OH | $29,441 | $31,007 |
Appalachian Peace And Justice Network Athens, OH | $58,965 | $0 |
Abraham Joshua Heschel Society Columbus, OH | $658 | $0 |